Tue, 21-Oct-2025

$310 billion lost globally to natural disasters in 2024

$310 billion lost globally to natural disasters in 2024

Natural disasters have caused an estimated $310 billion in economic losses around the world this year, distension six percent from 2023 as the climate disaster takes its toll, provision giant Swiss Re. Insured losses, temporarily, swelled by 17 percent year-on-year to $135 billion, with the shocking storms Helene and Milton pushing up the costs, Swiss … Read more

Thousands affected as quake hits Guatemala

quake

GUATEMALA CITY- A 6.2-magnitude earthquake that struck western Guatemala early Wednesday caused damage affecting nearly 25,000 people, and caused three people to suffer fatal heart attacks, authorities said. The epicenter of the quake, which struck at a depth of 84 kilometers (52 miles), was in the coastal district of Escuintla, less than 100 kilometers southwest … Read more

China to build satellite constellation for natural disaster observation

TIANJIN: China has initiated a project of building a constellation of 36 low-orbit satellites to gather information for forecasting natural disasters and monitoring urban emergencies. The project undertaken by the Tianjin Satcom Geohe Technologies Co., Ltd. was inaugurated on Tuesday in China’s spacecraft launch center of Wenchang, in south China’s Hainan Province. Guo Jianqiang, president … Read more